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Economics Of Entrepreneurship Question Paper

Economics Of Entrepreneurship

Course:Master Of Business Administration

Institution: Kenyatta University question papers

Exam Year:2010

KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2009/2010
INSTITUTE OF OPEN LEARNING EXAMINATION FOR THE DEGREE OF
MASTER OF BUSINESS ADMINISTRATION
BBA 607: ECONOMICS OF ENTREPRENEURSHIP

DATE: Monday 15th February, 2010
TIME: 2.00 p.m. – 4.00 p.m.

INSTRUCTIONS
Answer any THREE questions only.

1.
Discuss the relationship between economic development and the level of entrepreneurship in a country. The discussion should include an illustration of how the relationship between the two concepts can be enhanced. [25 marks]

2.
Human capital development is critical to business performance in any economy. Discuss the role of human capital in enhancing business performance and also illustrate some of the challenges that governments face in the developing human capital. [25 marks]

3.
a)
Discuss five reasons that make it important for entrepreneurs to know how their businesses are performing. [15 marks]
b)
Explain four business performance measures and illustrate their advantages and disadvantages. [10 marks]

4.
Explain five reasons for the increase of small business around the world in the last
two decades. In addition, explain four challenges that the small businesses might
have to deal with in the future. [25 marks]